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Banxico Marks 100 Years as Sheinbaum Urges Expanded Credit and Digital Finance

Disinflation has brought inflation into the target range, allowing a cautious shift to a 7.75% policy rate.

Claudia Sheinbaum, presidenta de México, durante su participación en el evento conmemorativo de 100 Aniversario de la Fundación del Banco de México
Monedas y billetes conmemorativos por el 100 aniversario del Banco de México
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Overview

  • At a ceremony in Mexico City’s MIDE museum, President Claudia Sheinbaum and Governor Victoria Rodríguez reaffirmed the central bank’s constitutional autonomy.
  • Banxico introduced legal‑tender commemoratives: a limited two‑ounce .999 silver 10‑peso coin and temporary banknotes carrying a centenary legend.
  • Sheinbaum called for more accessible, responsible lending to SMEs, entrepreneurs and families, and pressed for faster financial digitalization to reach vulnerable groups.
  • Officials stressed coordination among Banxico, the Finance Ministry and commercial banks, with SME credit guarantees reported as high as 80% to spur lending.
  • With inflation at 3.49% in the first half of August, the board said it will consider further rate reductions at upcoming meetings, and the next policy decision is scheduled for September 25.